11224 SE 306th PlaceAuburnWA98092
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Auburn at 11224 SE 306th Place, Auburn, WA, 98092 listed at $899,900 pairs $4,886/mo rent with a $4,405/mo payment. Total monthly income runs $4,886/mo. Return on cash invested measures 17.94% in year one, and rental yield registers 6.52% at a $899,900 basis. Equity gained on principal adds $5,807/yr, and annual property appreciation at 5% supports $248,626 by year five. Five-year ROI tracks 92.01% and total cumulative return in cash totals $272,404. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,886/mo property income relative to a $4,405/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
7,257 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98092, Auburn, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,294 (100%) |
| Owner Occupied HU | 12,407 (71.7%) |
| Renter Occupied HU | 4,510 (26.1%) |
| Vacant Housing Units | 377 ( 2.2%) |
| Median Home Value | $665,311 |
| Average Home Value | $755,549 |
Housing Distribution
Address Breakdown
Residential
17,141
Single Family
14,112
Multi-Family
3,029
Businesses
156
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Listed by: Corinne M. Lombardo • Windermere RE West Campus Inc
Mls Name: NWMLS
Mls ID: #2435782